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The mathematician of the Complutense University of Madrid, José-Vidal Ruiz Varela, argues that Europe must raise its borrowing limit, leaving its deflationary policy. Meanwhile, USA must correct debt and raise the interest rates. Raising the interest rates in the USA and dropping them in Europe, recovers the European domestic demand and EE.UU may return to invest in Europe, with a stronger dollar, without any problem, generating hundreds of thousands of Jobs

The euro's exchange rate against the U.S. dollar is too strong, and France
wants the European Central Bank to adjust the rate, French
Industry Minister Arnaud Montebourg is quoted as saying in an interview of French daily newspaper Le Parisien"Our European partners have to understand that opting for recession can't go
on," he said. "The euro is too strong, and if it were 10% lower against the
dollar we would increase our national wealth by 1.2%, create 120,000 jobs and
reduce our deficit by 12 billion euros ($16.44 billion). If the euro went down
by 20%, we would create 300,000 jobs and reduce our deficit by one-third," he
saidMr. Montebourg said France "is appealing to the European Central Bank to do
what other governments do: to adjust the rates according to our interestsThe
euro is too expensive, too strong, and a bit too GermanIt should be a bit more
Italian, French and basically more European," he said, adding that the French
government is raising its voice to express its "irritation" and "impatience"
with the European Union authorities in BrusselsOn local issues, Mr. Montebourg said that French automotive group PSA Peugeot
Citroen "is in severe difficulties."But he noted that a recovery is
possible, citing the example of U.S. auto maker General Motors, which is
hiring people after declaring bankruptcy several years agoThe financially
struggling company is mulling a capital injection that could see its Chinese
partner Dongfeng Motor Co become a significant minority shareholder, and Mr.
Montebourg assured that PSA "will remain French."